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good morning, i'm willie geist. this is "way too early." the show that camps out only for matthew mcconaughey rom coms. shoot me an e-mail or tweet me and let me know why you're awake right now. or you can do what dumbledore does and text the word "awake" to 622639. we'll read the best responses. the next 30 minutes will be your cram session for friday, july 15th. a lot to tell you about including another dire warning from treasury secretary tim geithner on the risk of default on august 2nd. plus an amazing moment in live television from our friends at the bbc. oops, that guest isn't who we thought he was, let's hammer him with questions about another topic anyway. great clip a little later. first let's get to the news live at 5:30 at 30 rock.
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breaking news right off the top. news international now confirming that rebekah brooks, the woman in the middle of the picture there, has resigned as ceo of the company in the wake of the newspaper hacking case involving the now defunct "news of the world" tabloid. she had been heading the british arm of rupe mert murdoch's news corp media division. this comes as murdoch makes his first comments on the scandal, sparking investigations on both sides of the atlantic. speaking the the "wall street journal" which is owned by news corp, murdoch says his company handled the crisis, quote, extremely well in every possible way, making just minor mistakes. that's the word of rupert murdoch. he also confirmed he and his son james will appear before a british parliament committee next week to discuss the scandal after initially refusing that request. news corp also said he's hired a top criminal defense attorney.
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back in the u.s., the fbi launching an investigation into allegations that news corp sought to hack into the phones of september 11th victims. again, the breaking news this morning, rebekah brooks, rupert murdoch's most senior newspaper executive in great britain has stepped down and resigned from her position. we'll see what happens next there. meanwhile back in washington, president obama says it's decision time, telling congressional leaders yesterday he wants to see a deal on raising the debt ceiling in the next 24 to 36 hours. if not, he says lawmakers will have to return to the negotiating table this weekend. the president expected to hold a news conference on the negotiations at the white house in just a few hours. the president's deadline comes as the front page of the "wall street journal" reads "plan bemerges on debts," reporting harry reid is embracing mitch mcconnell's, quote, backup plan that would allow the president to raise the debt ceiling in
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three installments through the 2012 election. aides say the senate leaders hope to link a pack of spending cuts to mcconnell's plan, although it's unlikely it would include any tax increases. house republicans remain split on mcconnell's proposal, even though speaker john boehner is refusing to dismiss the plan altogether. during the white house budget meeting yesterday, aides say house majority leader eric cantor did not say a word, following the intense encounter between khan tor and president obama during wednesday's sit-down. yesterday the president described his relationship with kantor as, quote, cordial, speaking with cbs affiliate kyw, president obama discussed the holdup in these negotiations. >> what we haven't seen is the acknowledgment that, if we're serious about solving the problem, everybody has to compromise a little bit. people have dug themselves into these very deep holes. as i said yesterday, the
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american people expect us to perform. there's too much at stake for us to be playing political games. i was very blunt about that. >> harry reid scolded eric cantor on the senate floor citing other articles where his behavior was called childish. >> he's shown he shouldn't be at the table, walked out on meetings with vice president of the united states. it was childish. another republican said kantor is putting himself first. he said this, quote, he's all about eric, end of quote. the time for personal gain and political posturing are over. >> kantor responded to harry reid's comments during a news conference yesterday. he was joined by speaker boehner, the two showing a united front. >> leader reid is i imagine frustrated as we all are. the fact is we are going to abide by our principles. that's how it is. i'm sure the speaker joins me in
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that. >> let me just say we have been in this fight together, and any suggestion that the role eric has played in this meeting has been anything less than helpful is just wrong. listen, we're in the fox hole. i'm going to tell you what. this is not easy. >> see, they're buddies. later speaker boehner told fox news he thinks there's too many people in the white house negotiations. the speaker was very candid about the divide between the two parties. >> it's like two groups of people from two different plan nets who barely understand the language of the other one. two remarkably different visions for what the ap y'all role of the government should be in our society, how our country operates. it's stark and it would shock most americans. >> despite the impasse between democrats and republicans, boehner did say he's still hopeful congress can strike the
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big deal. again, president obama will be speaking the that this morning at about 11:00 eastern time. the man in charge of the country's finances, adding his voice to the debt debate yesterday, treasury secretary tim geithner stressed the urgency of reaching a compromise during a news conference on capitol hill. >> we looked at all available options and we have no way to give congress more time to solve this problem. we're running out of time. the eyes of the country are on us. the eyes of the world are on us. we need to make sure we stand together and send a definitive signal that we're going to take the steps necessary to avoid default and also take advantage of this opportunity to make some progress in dealing with our long-term fiscal problems. we don't have much time. it's time we move. >> secretary guider in's warning comes as a second agency now says the u.s. credit rating could take a hit due to the debt ceiling impasse. let's get an early look at the markets as we get up in your
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business. cnbc's jeff cutmore is live in london. >> as you imagine, much of the market reaction has been about the comments from tim geithner and more really about whether there's going to be more quantitative easing. he seemed to indicate it was less likely than more likely. then, of course, s&p in with that move on the rating, suggesting a 50/50 chance of a ratings move with a line, there is an increasing risk of a substantial policy stalemate enduring beyond any near-term agreement to raise the debt ceiling. we now believe we could lower our rating of the u.s. within three months. the story in europe alongside that, we have 90 banks going through a stress testing process. the results of that will be announced later today. as you can imagine, markets very nervous and jittery about what's going on stateside and what's going only here in europe. but it looks like you at least
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may get a mod evidently positive open to the start to the session. we'll have to see how the rest of the day works out. back to you. >> all right, jeff. remarkable news out of s&p, saying a 50/50 chance of a downgrade. the united states has had aaa rating for the last 70 years. family and friends honoring the late betty ford yesterday. the former first lady was laid to rest in grand rapids, michigan, the funeral held in the church where she and president gerald ford were married 60 years ago. former president bill clinton, former vice president dick cheney and former first lady barbara bush were among the mourners. as the nation gives its final farewell, hear now, betty ford in her own words. >> i do not believe that being first lady should prevent me from expressing my ideas. >> i think it's time the women
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step up and take their place. >> i can remember being upstairs and thinking i've got to go down and face all those reporters, and that was probably i think maybe the scariest thing i ever did. >> we must value our own talents before we can expect acceptance from others. >> somehow they put that first lady up on a pedestal whether you deserve it or want it, you're still put there. >> being ladylike does not require silence. >> you have come a long, long way. >> the contributions of women as wives and mothers continue to be underrated. we have to take that "just" out
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of "just a housewife." >> hello, mary, this is betty ford. >> hi, betty. this is mary, queen of scotts. >> he would say i want you to be yourself. it's hard to tie down a woman these days. you can't over come anything unless you face it. it's standing up to it and doing something about it. i think that's what we're here on this earth for, to help others. and if you can, you ought to do it. >> betty ford in her own words. our thanks to the folks at "nightly news" for putting that together. the former first lady died last week in california at the age of 93. still ahead on "way too early," a mistrial in the roger
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clemens case. stephen colbert weighs in on the rupert murdoch hacking scanned. there will be bad australian accepts and ugly stereotypes. that and a check on weather when "way too early" comes back. you're looking at the scene of the crime directly on ocean drive in miami south beach. the shocking reality of events in dade county where the internationally known designer gianni versace was killed at point-blank range by a cold blooded killer. [ female announcer ] now you can apply sunblock
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early" on a beautiful friday oovps. let's get a check on the weather
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from nbc meteorologist bill karins. >> the word of the day is enjoy. next week does not look enjoyable. this is take advantage of the low humidity, beautiful weather while it lasts. we've got something bad brewing for next week. probably a really brutal life-threatening heat wave. today, gorgeous weather. new england, mid atlantic, fantastic. we saw the run size there. a gorgeous day. the temperatures will start to build. we have the southeast thunderstorms once again. that's good. we have the drought in georgia and florida. we're welcoming the rainfall. in the middle of the country, watch what happens. by saturday denver jumps to mid 90s. minneapolis is 93. by the time we get to sunday, 95 to 100 from the canadian border through texas. all that heat will spread to the east coast. by the middle of next week, a very, very brutal -- >> you say life-threatening heat? what kind of temperatures? >> long duration heat wave with heat indices up to 110 over a
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large section of the country. it's not that it's just hot. it looks life-threatening. turning to sports, day two right now of the british open underway in sandwich, england. thomas born and lucas glover tied for the lead at five under. the story is 20-year-old tom lewis at four under right now. he set the british open amateur record with a five under 65 yesterday. he was a co-leader and playing with tom watson, a man for whom he was named. tom lewis, named after tom watson, 20 years old playing with him yesterday. here is a quick recap, mcelroy making his first start since dominating the field at congressional. a rough start. bogeyed two of his first three holes before a nice tee shot on six. he would also birdie on eight, finish with a one over 71, tied in 51st place a. long tournament my friends.
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some fans showing support for phil mickelson. he misses the par putt. he would regroup, hitting the putt for par at 18, finishing with an even par 70. how about john daley, the 1995 british open champ sinks a long birdie putt. he shot a two over 72. the story of the day, this kid, 20-year-old englishman tom lewis, nice birdie putt on 17. all eyes on the amateur today who set the record for lowest round by an amateur with a five under 65. he's four under right now in round two. a major blunder by the prosecution led to a mistrial in the government's perjury case against roger clemens. it happened on the second day of testimony. the u.s. district judge said the former pitcher could not be assured a fair trial after prosecutors showed jurors evidence which had been ruled out. the judge called it a mistake
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that even, quote, a first-year law student would have avoided. clemens who walked out of court signing autographs was accused of lying to congress during a hearing on performance-enhancing drugs in baseball. there's now a september 2nd hearing on whether or not to hold a new trial. remember the bench clearing brawl between david ortiz and kevin gregg. major league baseball didn't forget over the all-star break. each play will be suspended four games and suspended for five games. orioles pitcher mike gonzalez will be suspended three games and buck showalter gets one game for his trouble. it was '80s night in toronto. top of the third, nick swisher drives it deep to left center. watch this grab. travis schneider makes the play while colliding with davis.
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this was the first time in ten years the yankees lost the opening game after the all-star break. toronto hammered the yankees 16-7. that's a cfl score. coming up at the top of the hour, president obama holds a press conference at 11:00 eastern. but what more can he do to push the two sides closer in the debt negotiation that appears to be at a standstill? we'll discuss it with our crew. when we come back we'll huddle around the water cooler to watch wonderful televised awkwardness. what happens when the guest you're interviewing isn't who you thought he was? you'll see when "way too early" comes back. in cyber attacks. in financial transactions... on devices... in social interactions... and applications in the cloud. some companies are worried.
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some, not so much. thanks to a network that secures it all and knows what to keep in, and what to keep out. outsmart the threats. see how at cisco. vietnam, 1967. i got mine in iraq, 2003. u.s.a.a. auto insurance is often handed down from generation to generation, because it offers a superior level of protection and because u.s.a.a.'s commitment to serve the military, veterans, and their families is without equal. begin your legacy. get an auto insurance quote. u.s.a.a. we know what it means to serve.
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let's finish this the way we started it, together! >> yes, harry potter fans around the world preparing to say good-bye do their favorite boy wizard as the final chapter in the best-selling phenomenon in theaters today. if history is any indication, it's going to be a big weekend for harry. if you want to sound smart, tell
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your friends the first harry potter movie is the most successful so far, grossing $974 million so far. so far the entire harry potter franchise has grossed $6 billion. still one to go. enough with the news, let's huddle around the water cool to watch stephen colbert's tape. rebekah brooks, the leading executive in great britain for rupe mert murdoch has stepped down. she resigned a few hours ago. last night stephen colbert took on the scandal and did a little hacking of his own. >> to get to the truth of this story, i hacked the messages left by rupert murdoch on his attorney's cell phone this week. jim. >> henry, this is rupert, this thing has got out of control.
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i'm [ bleep ]. call me back as fast as a wall la bee up a yuke lip tis tree. henry, rupert. i'm angrier than a blooming onion. when i'm angry, i want to buy stuff. see if colorado is available. bye. [ bleep ]. i want to buy hugh jackman and make him breed with kylee min knowing. >> rupert murdoch was a big topic on the bbc. they had on michael wolf, a new york based writer and journalist to talk about murdoch. he's written a book about murdoch. they also had another guest to come on to talk about roger clemens. a bit of a mixup as they thought mr. wolffe was there to talk
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about murdoch. >> two former close soelths expected to be star witnesses. brian mcnamee and team maetsz andy pettitte. let's talk more about this. joining us is ben walker, the baseball editor for the associated press. ben, i know you've been covering roger clemens's career for the best part of the last 23 years. remind us a big a name he is in the sport of baseball. i beg your pardon. i'm not sure ben can hear us. can you hear me in new york? it's francis in london. >> it's even a worse situation than that because i am not ben walker, and i know nothing about baseball. >> i beg your pardon. we have the wrong guest. we shall move on to the women's world cup in germany. >> that was michael wolf there to talk about rupert murdoch, not ben walker to talk about roger clemens. couldn't he just throw something out there?
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remember this classic television moment, 2006, bbc, cnn interviewed this man who they thought was an i.t. expert on an apple story. it turns out this was not an i.t. expert. this was a man who showed up for a job interview and they pulled him out and put him on tv, now an internet hero. watch. >> what does this all mean for the industry and the growth of music online? guy is the editor of the editor of "news wireless." good morning to you. >> that's the best reaction in the history of tv. he doesn't know why he's out there. he's there for a job interview. let's see the face. >> hello, good morning to you. >> good morning. >> poor guy goma. what a sport. still ahead on "way too early." tweets, texts and e-mails are
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we asked you at the top of the sh

Way Too Early With Willie Geist
MSNBC July 15, 2011 5:30am-6:00am EDT

News/Business. Willie Geist offers his unique take on the day's news. New.

TOPIC FREQUENCY Murdoch 6, Rupert Murdoch 6, Us 6, Roger Clemens 5, Boehner 3, Kantor 3, Ben Walker 3, Harry Reid 3, Bbc 3, Neutrogena 3, Tim Geithner 3, Stephen Colbert 3, Rebekah Brooks 3, U.s. 3, Tom Lewis 2, Michael Wolf 2, Mcconnell 2, Europe 2, New York 2, Obama 2
Network MSNBC
Duration 00:30:00
Scanned in Annapolis, MD, USA
Source Comcast Cable
Tuner Port 1235
Video Codec mpeg2video
Audio Cocec mp2
Pixel width 720
Pixel height 480
Sponsor Internet Archive
Audio/Visual sound, color

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on 5/20/2012